TrueCar Going Private: Founder Returns in $227M Deal
TrueCar founder Scott Painter is taking the automotive marketplace private in a $227 million all-cash deal at $2.55 per share, with plans to return as CEO.
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Hillenbrand Sold to Lone Star Funds in $3.8 Billion Deal
Hillenbrand agrees to $32-per-share acquisition by Lone Star Funds in deal valued at $3.8 billion enterprise value, delivering 37% premium to shareholders.
Apollo Global Sweetens Papa John's Buyout Offer to $64 Per Share
Apollo Global Management increases its bid to take Papa John's pizza chain private at $64/share, up from June's $60 offer, as private equity eyes restaurant sector deals.
Stock Traders Dominate: Morgan Stanley Beats Goldman Sachs as Equities Revenue Jumps 35%
Morgan Stanley beat expectations with a massive Q3 profit surge, fueled by top-performing stock traders and soaring investment banking and wealth management revenues.
Nvidia Gets Major Upgrade as AI Chip Superiority Continues
Nvidia stock rises 2.2% in premarket trading as analysts remain bullish on AI chip demand. HSBC upgrades to Buy with $320 target, citing strong earnings potential through 2027.
Dollar Tree Maps Out Bold Three-Year Growth Plan with Double-Digit EPS Targets
Dollar Tree announces ambitious 12-15% annual EPS growth target for 2026-2028, driven by operational improvements and elimination of one-time costs. Stock rises 6% on strong outlook.